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Debit Card Preference
- Many people primarily use debit cards for everyday purchases.
- This preference highlights a potential difference in spending habits compared to credit card users.
Similarities Between Debit and Credit Cards
- Debit and credit cards offer convenience over cash.
- Both card types now include chip and tap-to-pay technology for added security.
Debit vs Credit Card Mechanics
- Debit cards directly deduct from bank accounts, while credit cards use borrowed money.
- This difference affects spending behavior and budgeting.